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Sanuwave Health to Present at Canaccord Genuity Growth Conference
Globenewswire· 2025-07-22 20:05
Core Viewpoint - Sanuwave Health, Inc. is set to present at the 45th Annual Canaccord Genuity Growth Conference, highlighting its position as a leading provider of next-generation, FDA-approved wound care products [1][2]. Company Overview - Sanuwave Health focuses on the research, development, and commercialization of patented, non-invasive medical systems aimed at repairing and regenerating skin, musculoskeletal tissue, and vascular structures [3]. - The company offers an end-to-end wound care portfolio that includes regenerative medicine products designed to restore the body's normal healing processes [4]. Conference Details - The group presentation is scheduled for August 13, 2025, from 9:30 to 9:55 a.m. ET, with opportunities for one-on-one meetings with investors available throughout the conference [2].
Adia Nutrition Partners with CareCredit to Offer up to $25,000 in Affordable Financing for Patient Treatments
Newsfile· 2025-07-16 13:01
Core Insights - Adia Nutrition Inc. has partnered with CareCredit to offer financing options up to $25,000 for patient treatments, enhancing accessibility to advanced therapies in the $48.35 billion U.S. healthcare finance solutions market [1][3][4] Company Overview - Adia Nutrition Inc. is focused on regenerative medicine and personalized wellness solutions, with two main divisions: a supplement division providing premium organic supplements and a medical division specializing in advanced stem cell therapies [6] Financing Details - The partnership with CareCredit allows patients to finance treatments, including stem cell therapies, making them more attainable without financial strain [3][4] - CareCredit's financing limit of $25,000 provides greater flexibility compared to previous options, streamlining access to Adia's full range of services [4] Patient Accessibility - Patients can learn about eligibility and application for CareCredit financing through Adia Nutrition's website, which emphasizes a patient-centered approach with straightforward application processes and flexible repayment terms [5]
Sanuwave Health Announces Preliminary Revenue Results for the Second Quarter 2025 (Ended June 30, 2025)
Globenewswire· 2025-07-14 20:30
Core Insights - Sanuwave Health, Inc. reported preliminary revenues of $10.1 million to $10.2 million for Q2 2025, marking the highest quarterly revenues in the company's history [1][2] - The revenue for Q2 2025 reflects an increase of 41% to 42% compared to Q2 2024, while the first half of 2025 saw a revenue increase of 50% to 51% compared to the first half of 2024 [1][2] Company Developments - The CEO highlighted that the first half of 2025 has been a transition period for the company, with the addition of a new head of sales and a new head of commercial operations [3] - The company is expanding its sales team, reaching 13 salespeople and covering all national sales territories for the first time under the current CEO [3] - A national accounts manager has been added to pursue larger market opportunities, indicating a strategic focus on growth [3] Future Outlook - The company plans to release full Q2 results around August 8, 2025, providing a more comprehensive update on performance and future plans [3] - Sanuwave is focused on the research, development, and commercialization of patented, non-invasive medical systems aimed at tissue repair and regeneration [4] - The company's portfolio includes regenerative medicine products that support normal healing processes across various medical conditions [5]
Longeveron® Appoints Than Powell as Chief Business Officer
Globenewswire· 2025-06-26 13:05
Core Insights - Longeveron Inc. has appointed Than Powell as Chief Business Officer to lead its business strategy and international efforts, particularly in Alzheimer's disease and hypoplastic left heart syndrome (HLHS) programs [1][2][4] - The company has recently completed enrollment for its pivotal Phase 2 trial of laromestorcel for HLHS, with top-line data expected in approximately 13 months, which could support the first Biological License Application (BLA) submission [2][6] Company Overview - Longeveron is a clinical stage biotechnology company focused on developing regenerative medicines for life-threatening and chronic aging-related conditions [6] - The lead investigational product, laromestrocel (Lomecel-B™), is an allogeneic mesenchymal stem cell therapy derived from young, healthy adult donors, with potential applications across various disease areas [6] - The company is pursuing three pipeline indications: HLHS, Alzheimer's disease, and aging-related frailty, and has received multiple FDA designations for its programs [6] Leadership Background - Than Powell brings over 25 years of experience in the pharmaceutical and biotech industries, having held leadership roles at organizations such as GSK and Eli Lilly [4][5] - Prior to joining Longeveron, Powell led Corporate Development & Strategy for Surescripts, culminating in the company's acquisition by TPG [4]
Ernst & Young LLP (EY US) Announces Jason Matuszewski, CEO of BioStem Technologies, as an Entrepreneur Of The Year® 2025 Florida Award Winner
Globenewswire· 2025-06-17 12:59
Company Overview - BioStem Technologies is a leading MedTech company focused on improving the lives of patients with chronic, non-healing wounds through innovative solutions [3][14] - The company develops and manufactures placental-derived allografts using proprietary BioREtain® technology, which preserves tissue's native properties and optimizes clinical outcomes [3][15] - BioStem's products are used by clinicians nationwide to address the growing demand for advanced wound care solutions [3][14] Leadership Recognition - Jason Matuszewski, CEO and Chairman of BioStem Technologies, was awarded the Entrepreneur Of The Year 2025 Florida Award by Ernst & Young LLP [1][4] - The award recognizes leaders who demonstrate long-term value creation, entrepreneurial spirit, and significant growth and impact [2][5] - Matuszewski emphasized the collective effort of the BioStem team in achieving this recognition, highlighting their commitment to innovation and patient care [3][4] Future Aspirations - As a Florida award winner, Matuszewski is eligible for the Entrepreneur Of The Year 2025 National Awards, with winners announced in November [4] - The National Award winner will compete for the EY World Entrepreneur Of The Year™ Award in June 2026 [4][8] - BioStem aims to expand its impact and continue advancing its platform in the healthcare system [3][14]
NurExone Announces Clinical Trial Plans for Acute Spinal Cord Injury Therapy at Annual Meeting of American Spinal Injury Association
Globenewswire· 2025-05-30 20:04
Core Insights - NurExone Biologic Inc. is advancing its first-in-class exosome-based therapy, ExoPTEN, for acute spinal cord injuries, with plans to initiate a Phase 1/2a clinical trial in 2026 [2][6][11] - The company will present updates on its clinical plans and preclinical study results at the upcoming American Spinal Injury Association meeting [4][8] Company Developments - Professor Nahshon Knoller, a senior clinical advisor, will discuss the 2026 SCI Trial and preclinical results at the ASIA meeting [4][5] - The 2026 SCI Trial will enroll adult patients with traumatic spinal cord injuries classified as ASIA Grade A or B, treating them within 3 to 7 days post-injury [3][6] - The trial will consist of a Phase 1 dose-escalation study for safety in up to 18 patients, followed by a Phase 2a randomized, double-blind, placebo-controlled trial measuring functional recovery in 10-15 patients [3] Product and Technology - ExoPTEN is based on mesenchymal stem cell-derived exosomes loaded with siRNA targeting PTEN, aimed at reducing cell death and promoting axonal regrowth [6][11] - The therapy has received Orphan Drug Designation from both the FDA and EMA, facilitating its clinical trial roadmap [6][11] - Preclinical studies have shown robust recovery of motor, sensory, and structural functions in rat models, confirming the therapeutic effects of ExoPTEN [7][11] Market Context - The company is positioned in the multi-billion-dollar markets for treating acute spinal cord and optic nerve injuries [11] - NurExone has established a U.S. subsidiary, Exo-Top Inc., to support its North American growth strategy [11]
Sanuwave Health Appoints Greg Bazar to Board of Directors
Globenewswire· 2025-05-28 20:05
Core Insights - Sanuwave Health, Inc. has appointed Greg Bazar to its Board of Directors, bringing extensive experience in engineering, technology, and cybersecurity [1][2][3] - Bazar's background includes founding Simpatico Systems and significant roles at 3D-P and Caterpillar, indicating a strong leadership and innovation track record [2][3] - The company emphasizes interdisciplinary expertise as crucial for its future growth and innovation in wound care technology [3] Company Overview - Sanuwave Health focuses on the research, development, and commercialization of patented, non-invasive medical systems aimed at repairing and regenerating skin, musculoskeletal tissue, and vascular structures [5] - The company's portfolio includes regenerative medicine products that support the body's natural healing processes across various medical conditions [6] Board Changes - Long-time board member Michael Stolarski is stepping down to focus on personal interests but will remain as a consultant to ensure continuity during the transition [4]
NurExone Biologic Inc. Announces First Quarter 2025 Financial Results and Provides Corporate Update
Globenewswire· 2025-05-27 12:59
Core Insights - NurExone Biologic Inc. is a preclinical-stage biotechnology company focused on exosome-based therapies for central nervous system injuries, recently announcing its financial results for Q1 2025 and corporate updates [1][10] Financial Performance - The company reported a net loss of US$1.68 million for Q1 2025, an increase from a net loss of US$0.92 million in Q1 2024 [9] - Research and development expenses rose to US$0.62 million in Q1 2025 from US$0.23 million in Q1 2024, primarily due to non-cash stock-based compensation and increased subcontractor costs [8] - General and administrative expenses increased to US$1.08 million in Q1 2025 from US$0.70 million in Q1 2024, driven by higher legal and professional service costs [8] Capital Raising Activities - The company raised approximately C$480 thousand through a private placement of 856,996 units at $0.56 per unit on January 21, 2025 [5] - An additional C$866 thousand was raised through the exercise of Class A Warrants, with 2,140,456 warrants exercised at a price of $0.34 each [6] - On April 22, 2025, NurExone completed another private placement, raising approximately C$2.3 million, which will be used to advance clinical development activities [14] Business Developments - NurExone was included in the 2025 TSX Venture 50™ list, marking it as a top-performing company on the TSX Venture Exchange, with a 110% share price appreciation and a 209% increase in market cap [3] - The company established a U.S. subsidiary, Exo-Top Inc., to focus on the production and commercialization of exosomes, enhancing strategic flexibility and cost efficiency [4] Product Development - The lead product, ExoPTEN, has shown promising preclinical data for treating acute spinal cord and optic nerve injuries, with plans for first-in-human trials expected in 2026 [13][14] - Recent presentations at industry conferences highlighted significant advancements in optic nerve regeneration and facial nerve repair, validating the therapeutic potential of the ExoPTEN platform [14] Management Commentary - The CEO emphasized the company's progress in demonstrating functional recovery across various nerve injuries and the preparation for clinical trials [11] - The CFO noted that the financial results reflect disciplined investment in clinical programs and infrastructure, strengthening the cash position for advancing the ExoPTEN program [12]
Chair of Sernova Biotherapeutics Resigns
Globenewswire· 2025-05-26 04:00
Company Overview - Sernova Biotherapeutics is a clinical-stage company focused on developing regenerative medicine therapeutics, specifically its Cell Pouch Bio-hybrid Organ as a functional cure for type 1 diabetes (T1D) [3] - The company collaborates with Evotec to create Bio-hybrid Organs that integrate human donor cells or stem-cell derived islet-like clusters with its Cell Pouch [3] Recent Developments - Mr. Ross Haghighat resigned as Chair of Sernova Biotherapeutics on May 24, 2025, and his resignation was accepted by the Board of Directors [2] - The Board expressed gratitude for Mr. Haghighat's service and wished him well in his future endeavors [2] Product Focus - The Bio-hybrid Organ developed by Sernova consists of non-biomaterials, such as the Cell Pouch, combined with living tissues to restore or enhance the function of compromised organs [3] - The initial focus of Sernova's innovative approach is on treating chronic diseases, particularly T1D and thyroid disorders [3]
BioRestorative Therapies Reports First Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-05-14 20:05
Core Viewpoint - BioRestorative Therapies, Inc. reported its first quarter 2025 financial results and highlighted significant advancements in its clinical programs, particularly in stem cell-based therapies for disc/spine and metabolic disorders [1][2]. Corporate Highlights - The company has successfully achieved key clinical program milestones since the beginning of 2025 and is focused on executing its growth strategy while managing resources effectively [2]. - BioRestorative confirmed no material exposure to newly imposed U.S. tariffs, attributing this to its 'made-in-America' production strategy [5]. - The CEO participated in an interview at the Benzinga All-Access Show, discussing the company's progress [5]. - The company presented positive preliminary data from its ongoing Phase 2 clinical trial of BRTX-100 for chronic lumbar disc disease (cLDD) at the Orthopaedic Research Society Annual Meeting [5]. - The FDA granted Fast Track designation to the BRTX-100 program for cLDD, which may lead to Priority Review and Accelerated Biologics License Application approval [5]. - The FDA also cleared the Investigational New Drug application for BRTX-100 for chronic cervical discogenic pain, expanding the clinical pipeline [5]. Clinical Programs - The BRTX-100 program aims to treat chronic lower back pain from degenerative disc disease and has shown promising preliminary efficacy trends [5][11]. - The company is developing the ThermoStem metabolic disease platform, targeting obesity and metabolic disorders using brown adipose-derived stem cells [12]. - BioRestorative operates a commercial BioCosmeceutical platform, focusing on cell-based secretome products for cosmetic applications [13]. Financial Results - First quarter 2025 revenues were $25,000, down from $35,000 in the same period last year [7]. - The company reported a loss from operations of $4.8 million for the first quarter of 2025, compared to a loss of $4.1 million in the same period of 2024 [7]. - The net loss for the first quarter of 2025 was $5.3 million, or $0.64 per share, compared to a net loss of $2.2 million, or $0.33 per share, in the first quarter of 2024 [8]. - Cash used in operating activities was $2.8 million in Q1 2025, compared to $2.3 million in Q1 2024 [8]. - The company ended the first quarter of 2025 with $9.1 million in cash and cash equivalents, with no outstanding debt [9].